Real estate developers have welcomed the implementation of Goods and Service Tax (GST). According to them, the GST will greatly improve a fractured tax system and help create an integrated Indian market. The government has always made it clear that leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting the GSTax.

Experts believe that the Goods and Services Tax (GST), which is relied upon to take off the country on July 1, will bring an impressive measure of straightforwardness and responsibility into the sector and limit questionable transactions.